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So what are they saying now?

Here's what "they" (the consensus of government/media/brokerage mouthpieces) are saying now:

1. Everything's fine

2. Things are a bit slow, but there are signs they're getting better

3. There's no risk of serious systemic problems with the financial system that will further negatively impact the economy, employment, savings and investment so just keep plowing your cash into the market and buy a house while you're at it. There's never been a better time to buy.

Uh huh.